The Dutch economy grew by 0.8 percent on quarter in the three months to December of 2017, following a 0.4 percent expansion in the previous period and beating market expectations of 0.6 percent, the preliminary estimate showed.

Net external demand was the main driver of growth, as exports jumped 0.8 percent (vs 1.8 percent in Q3) and imports increased at a slower 0.1 percent (vs 1.8 percent in Q3). Also, government spending advanced 0.5 percent, after showing no growth in the previous three-month period and changes in inventories contributed 0.1 percentage points to growth (vs -0.2 p.p. in Q3). On the other hand, there was a contraction in household consumption (-0.3 percent vs 0.4 percent in Q3) while fixed investment was unchanged (vs 2.1 percent in Q3).

The Dutch economy advanced 0.4 percent on quarter in the third three months of 2017, following a 1.5 percent expansion in the previous period and matching the preliminary estimate. It was the weakest growth rate since the second quarter 2016, as exports and private consumption growth slowed. Meantime, investment rose faster and government spending stalled.

Household spending increased at a slower 0.6 percent (0.9 percent in the previous period) while government consumption stalled (0.7 percent in Q2). Export also rose less (1.9 percent compared to 2 percent) and imports increased more (2.1 percent compared to 1.4 percent).

Year-on-year, the economy advanced at a slower 3 percent (3.3 percent in the previous period). Public expenditure rose slightly less (1 percent compared to 1.1 percent) while household spending rose similar with as in Q2 (2.4 percent). Investment jumped 7 percent, following a 4.2 percent rise in the previous period as public one rebounded (18 percent compared to -8.1 percent) while private one rose slower (4.4 percent compared to 6.7 percent). Exports surged 6.4 percent (4.6 percent in Q2) and imports went up 6 percent (3.8 percent in Q2).

The Dutch economy expanded 0.4 percent on quarter in the three months to September of 2017, well below a 1.5 percent growth in the previous period which was the highest in nearly 10 years. There were smaller positive contributions from household consumption, and net trade as exports rose less and imports grew more. In contrast, investment growth was strong.

On the other hand, investment growth accelerated (2 percent compared to 0.9 percent), mainly due to a rebound in public investment (4.8 percent compared to -3.6 percent). Investment from companies and households rose less (1.5 percent compared to 1.8 percent).

Year-on-year, the economy advanced at a slower 3 percent (3.3 percent in the previous period). Public expenditure went up slightly less (1 percent compared to 1.1 percent) while household spending rose slightly more (2.5 percent compared to 2.4 percent), mainly due to electrical appliances, clothing and services such as catering and recreation. Investment jumped 6.2 percent, following a 4.2 percent rise in the previous period as private one rose faster (7.8 percent compared to 6.7 percent) and public one fell less (-0.7 percent compared to -8.1 percent). Exports jumped 6 percent (4.6 percent in Q2) and imports increased 5.4 percent (3.8 percent in Q2).

The Dutch economy advanced 1.5 percent on quarter in the second three months of 2017, following a 0.6 percent expansion in the previous period and matching the preliminary estimate. It was the strongest growth rate since the last quarter of 2007, mainly driven by higher household consumption and exports while government spending rebounded.

Year-on-year, the economy expanded 3.3 percent in the second quarter of the year, above 3.2 percent in the previous period. It was also the highest expansion since the last quarter of 2007. Household spending increased faster (2.4 percent compared to 1.7 percent in the previous period). On the other hand, government consumption grew by 1.1 percent, the same pace as in the previous period, while investment went up slower (4.2 percent compared to 6.6 percent). Exports rose 4.6 percent (5.5 percent in the previous period. While imports went up at a slower 3.8 percent (5.3 percent in the previous period).

The Dutch economy advanced 1.5 percent on quarter in the second quarter of 2017, following an upwardly revised 0.6 percent rise in the previous period and beating market expectations of 0.6 percent. It is the strongest growth rate since the last three months of 2007, mainly boosted by higher household spending and exports, preliminary estimates showed.

Household spending went up at a faster 0.9 percent (0.2 percent in the previous period) and government consumption rebounded (0.7 percent compared to -0.1 percent in the previous period) while gross fixed capital formation slowed (0.8 percent compared to 4.5 percent). Exports jumped 1.8 percent (1.6 percent in the previous period) and imports went up 1.2 percent (2 percent in the previous period).

Year-on-year, the economy expanded 3.3 percent in the second quarter of the year, above 3.2 percent in the previous period and beating forecasts of 2.3 percent. It is also the highest expansion since the last quarter of 2007. Household spending rose faster (2.5 percent compared to 1.7 percent in the previous period), mainly due to spending on clothing, electrical appliances, home design, food, beverages and tobacco and catering services. On the other hand, slower growth rates were recorded for government consumption (1 percent compared to 1.1 percent) and investment (4.1 percent compared to 6.6 percent). Exports went up 4.5 percent (5.5 percent in the previous period), mainly boosted by sales of chemicals, machinery and equipment. Imports rose at a slower 3.7 percent (5.3 percent in the previous period).

The Dutch economy advanced 0.4 percent on quarter in the first three months of 2017, following a 0.6 percent expansion in the previous period and matching the preliminary estimate. It was the weakest growth rate since the last quarter of 2015 as household consumption rose at a slower pace and government spending contracted while fixed investment rebounded sharply.

The economy posted its twelfth consecutive quarter of growth, despite being the weakest in over a year. Household consumption rose at a slower pace (0.1 percent from 0.5 percent in Q4 2016) while fixed investment rebounded (4.6 percent from -1.7 percent in Q4). Also, changes in inventories added 0.2 percentage points to growth (0.3 p.p. in Q4). By contrast, government spending contracted 0.3 percent, after increasing by 0.4 percent in Q4, and net external demand contributed negatively, as imports jumped 2 percent (0.6 percent in Q4) while exports went up at a slower 1.4 percent (1.1 percent in Q4).

Year-on-year, the gross domestic product grew 3.2 percent, slower than a flash estimate of 3.4 percent and following a downwardly revised 2.4 percent expansion in the previous period. It was the highest annual growth rate since the first quarter of 2008, mainly boosted by a 8.3 percent jump in business investment (-1.5 percent in Q4), namely in software, machinery and telecommunication equipment. Meanwhile, private consumption rose at a slower 1.7 percent (2.3 percent in Q4) and government spending went up 1.1 percent (1.6 percent in Q4). Also, net external demand contributed positively, as exports rose 5.5 percent (2.6 percent in Q4) while imports increased at a slower 5.3 percent (0.9 percent in Q4). By contrast, government investment shrank 1.9 percent (1.2 percent in Q4).

The Dutch economy advanced 0.4 percent on quarter in the first three months of 2017, lower than 0.6 percent in the previous period and below market expectations of 0.5 percent. It is the lowest growth rate since the last quarter of 2015 as household spending and inventories went down while business investment rebounded and rose the most in six years, preliminary estimates showed.

Year-on-year, the GDP expanded 3.4 percent, above 2.5 percent in the last three months of 2016 and beating expectations of 2.8 percent. It is the highest annual growth rate since the last quarter of 2007, mainly boosted by a 7.6 percent jump in business investment (1.3 percent in Q4), namely in software, machinery and telecommunication equipment. Public investment also rose faster (2.1 percent vs 0.6 percent in Q4); government spending increased 1.6 percent (1.5 percent in Q4) while private consumption slowed (1.6 percent vs 2.6 percent in Q4). Exports grew 4.7 percent (2.5 percent in Q4), namely chemicals, machinery, base metal products and transport. Imports went up at a slower 4.1 percent (1.3 percent in Q4).

The first quarter of 2017 had two more working days than the same quarter in 2016. Accounting for those calendar effects, the economy advanced 2.8 percent. The European Commission expects the Dutch GDP to grow 2.1 percent in 2017.

The Dutch economy expanded 0.6 percent on quarter in the December quarter of 2016, faster than preliminary estimates of a 0.5 percent growth but slower than a 0.8 percent expansion in the third quarter, final figures showed. It was the 11th straight quarter of growth, as a rebound in government spending and positive contribution from net trade offset a slowdown in private consumption and a decline in investment.

The Dutch economy advanced 0.5 percent on quarter in the last three months of 2016, easing from a 0.8 percent expansion in the previous period and slightly below market expectations of a 0.6 percent growth, the preliminary estimate showed. Government spending rebounded and exports grew further, while household consumption expanded at a slower pace and fixed investment contracted.

The Dutch economy expanded 0.8 percent on quarter in the third quarter of 2016, slightly faster than a 0.7 percent growth in a preliminary figure as well as in the previous two quarters, final figure showed.

In the September quarter, the economy posted its eleventh straight quarter of growth and the strongest since the fourth quarter 2014. Household consumption grew by 0.9 percent (from +0.3 percent in Q2) while net trade contributed positively (exports rose 1 percent, compared to +0.2 percent in Q2 and imports also went up 1 percent, following + 0.1 percent in Q2). Meanwhile, gross fixed capital formation grew 0.6 percent ( from +1.9 percent in Q2). In contrast, government spending contracted 0.4 percent (from +0.6 percent in Q2).

Year-on-year the economy advanced 2.4 percent, following a 2.3 percent expansion in the previous period. It was the fastest growth since the March quarter 2015. Growth was mainly driven by private consumption (+2.0 percent from +1.1 percent in the preceding quarter) and business investment (+9.2 percent from +9.3 percent). An increase was also seen in government consumption (+0.2 percent from +1.2 percent) and exports (+2.7 percent from +4.0 percent). In contrast, a decline was seen in government investment (-0.7 percent from -3.0 percent).